Sunrise Technology Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 24, 2020 at 02:21 pm
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Sunrise Technology Co. Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 892.390 million compared to CNY 871.902 million a year ago. Operating income was CNY 276.723 million compared to CNY 164.736 million a year ago. Net income was CNY 242.943 million compared to CNY 135.822 million a year ago. Basic earnings per share from continuing operations was CNY 0.6 compared to CNY 0.33 a year ago.
Hangzhou Sunrise Technology Co., Ltd. is a China-based company engaged in the research, development, manufacture and sale of electricity energy measurement instrumentation and power information collection system products. The Companyâs products consist of three-phase power meters, including three-phase intelligent power meters and three-phase electronic power meters; single-phase power meters, including single-phase intelligent power meters and single-phase electronic power meters, and power information collection system products, including special and distribution transformer acquisition terminals, concentrators, as well as meter software and others. The Company distributes its products within domestic market and to overseas markets.